Board Resolution
/ˈbɔːrd ˌrɛzəˈluːʃən/
Definitions
- (n.) A formal decision or determination adopted by a corporation's board of directors during a meeting or by written consent.
The board resolution authorized the company to acquire new assets.
Forms
- board resolution
- board resolutions
Related terms
See also
Commentary
Board resolutions serve as official records of decisions, often necessary for validating corporate actions and ensuring compliance with legal formalities.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.